Japan Business Association Of Houston
- Assets
- $732.4k
- Revenue
- $459.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Houston, TX
- Founding
- 09/1976
- Data as of
- 09/2023
- EIN
- 74-1856989
Organization Overview
Japan Business Association Of Houston is located in Houston, TX. The organization was established in 1976. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2023, Japan Business Association Of Houston employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Japan Business Association Of Houston is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Japan Business Association Of Houston generated $459.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $410.6k during the year ending 09/2023. While expenses have increased by 0.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Japan Business Association Of Houston has awarded 12 individual grants totaling $381,900. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
1) TO ACT AS A COMMERCIAL, INDUSTRIAL OR TRADE ASSOCIATION TO PROMOTE GOODWILL, TRADE AND COMMERCE BETWEEN BUSINESS, COMMERCIAL, INDUSTRIAL AND FINANCIAL COMPANIES, INDUSTRIES, AND OTHER ORGANIZATIONS AS WELL AS GOVERNMENTAL BODIES IN THE COUNTRY OF JAPAN, AND SIMILAR COMPANIES, INDUSTRIES, ORGANIZATIONS AND GOVERNMENTAL BODIES IN THE UNITED STATES OF AMERICA 2) MUTUAL ASSISTANCE AND FRIENDSHIP AMONG JAPANESE OWNED/RELATED COMPANIES IN HOUSTON 3) PARENT ORGANIZATION OPERATING THE JAPANESE EDUCATIONAL INSTITUTE OF HOUSTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION SPONSORS VARIOUS ACTIVITIES SUCH AS BUSINESS SEMINARS, GOLF TOURNAMENTS, USED BOOK FAIR, AND A SPACE SEMINAR TO GIVE ITS MEMBERS THE OPPORTUNITY TO NETWORK AND PROMOTE THEIR BUSINESSES WITHIN THE LOCAL COMMUNITY.
THE ASSOCIATION ORGANIZES VARIOUS EDUCATIONAL SEMINARS AND SUPPORTS AN INTRODUCTION OF JAPANESE CULTURE PROGRAM THAT ALLOWS MEMBERS AND THEIR FAMILIES TO SHARE INFORMATION, NETWORK, AND MAINTAIN THEIR TIES TO JAPAN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mitsuhashi Risa Member | Trustee | 1 | $0 |
Sugimoto Sadami Member | Trustee | 1 | $0 |
Mino Katsuyuki Member | Trustee | 1 | $0 |
Kawazoe Kenichi Member | Trustee | 1 | $0 |
Kojiro Takamichi Member | Trustee | 1 | $0 |
Kumamoto Hiroaki Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $459,199 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $459,199 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,100 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $130,960 |
| Pension plan accruals and contributions | $3,458 |
| Other employee benefits | $27,387 |
| Payroll taxes | $11,359 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,987 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,381 |
| Advertising and promotion | $0 |
| Office expenses | $12,022 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $86,629 |
| Travel | $1,049 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,296 |
| Insurance | $2,537 |
| All other expenses | $5,031 |
| Total functional expenses | $410,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $690,645 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $21,900 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,123 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,744 |
| Total assets | $732,412 |
| Accounts payable and accrued expenses | $1,015 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,015 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $731,397 |
| Total liabilities and net assets/fund balances | $732,412 |
Grants Awarded
Over the last fiscal year, Japan Business Association Of Houston has awarded $44,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JAPANESE EDUCATIONAL INSTITUTE OF HOUSTON PURPOSE: SUPPORT OF EDUCATIONAL PROGRAMS | $38,000 |
HERMANN PARK CONSERVANCY PURPOSE: SUPPORT OF JAPANESE GARDEN | $6,000 |